Common use of UCC-3 Termination Statements Clause in Contracts

UCC-3 Termination Statements. Within 30 days following the Initial Borrowing Date (or such later date as shall have been determined by the Administrative Agent in its sole discretion), the Administrative Agent shall have received Form UCC-3 termination statements in respect of the Liens listed on Part B of Schedule X hereto and same shall be filed in the appropriate governmental office.

UCC-3 Termination Statements. Within 30 7 days following the Initial Borrowing Date (or such later date as shall have been determined by the Administrative Agent in its sole discretion), the Administrative Agent shall have received Form UCC-3 termination statements and Form PPSA 2-C financing change statements and applications for registration in respect of the Liens listed on Part B of Schedule X IX hereto and same shall be filed in the appropriate governmental office.